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In-House
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Ex-Wachtell Atty Earned $14M In Debut As Salesforce CLO
A former Wachtell Lipton Rosen & Katz corporate partner received more than $14 million in his first months as Salesforce's top lawyer after taking the in-house position last summer, with the compensation package largely based on a $3 million signing bonus and an $11 million equity award, a recent securities filing shows.
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SAE International Dismisses CEO David Schutt
Engineering organization SAE International announced that its board of directors voted to dismiss longtime chief executive officer David Schutt following a formal investigation into his conduct at the nonprofit.
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Gatwick Welcomes New GC As Runway Issue Rumbles On
London's Gatwick Airport has hired a new general counsel with over a decade of experience in similar roles at Cambodia Airports and Santiago de Chile's international airports.
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Legal Industry Gains Jobs In April Following Downward Trend
The U.S. legal sector eased back into a positive trajectory in April, with a gain of 3,200 jobs compared with the previous month, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
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Zoom's Interim CLO Sees Lower Comp After Stock Award Dip
Zoom Video Communications Inc.'s chief operating officer, who served as the company's interim chief legal officer from June 2020 until March 2024, saw her compensation drop by over $16.5 million in the past fiscal year.
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Voir Dire: Law360 Pulse's Weekly Quiz
This was another action-packed week for the legal industry as a mega-merger went live, three firms opened up offices in Boston and another acquired a Denver boutique. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Inside The New DC Boutique 'Reinventing' White Collar
Upon exiting the government, Christina Zaroulis Milnor, a former assistant secretary at the U.S. Securities and Exchange Commission, said she was drawn to launching a Washington, D.C., boutique group affiliated with North Carolina-based Cranfill Sumner LLP to escape an "artificial" line in the sand that exists in the industry between enforcement defense and whistleblower work.
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AstraZeneca's Legal Services Head Becomes Legal Tech GC
The head of legal services at AstraZeneca has departed the pharmaceutical giant to join the artificial intelligence litigation platform Fileread as general counsel and chief strategy officer, the legal technology startup announced Friday.
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NFL's Top Atty Jeff Pash To Retire After Nearly 3 Decades
Jeff Pash plans to retire as the NFL's executive vice president and general counsel after 27 years with the league, during which he was a major figure in its most consequential legal developments of the 21st century.
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US Soccer Nets Ex-SXSW, Heineken Legal Chief As Top Atty
The U.S. Soccer Federation said Thursday it has recruited a former top attorney at South by Southwest and Heineken as its next chief legal officer.
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EY's Global Deputy GC To Replace Firm's Global Vice Chair
Accounting giant EY has appointed David Weintraub as its next global vice chair and general counsel effective July 1, a firm spokesperson said Thursday.
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If High Court Upends Jan. 6 Conviction, What Happens Next?
If the U.S. Supreme Court decides prosecutors overstepped by charging a rioter who stormed the Capitol with obstruction, the results will likely be mixed for hundreds of other defendants charged with the same crime, particularly those who have been convicted. That post-appeal uncertainty is nothing new, defense attorneys say.
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Why This Dallas Company Took On FTC's Noncompete Rule
When Ryan LLC, a Dallas tax software and services provider, became the first company to sue the Federal Trade Commission last week over its ban on noncompete agreements, it was simply trying to preserve the rule of law — something every tax company needs in order to operate, according to chief legal officer John Smith.
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Married Big Tech Lawyers Buy Stake In Seattle Mariners
Husband-and-wife attorneys Brad Smith and Kathy Surace-Smith have purchased shares in Major League Baseball's Seattle Mariners, joining a partnership group that includes team legend Ken Griffey Jr., Nintendo of America and Microsoft board member John Stanton, according to the team.
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Blackstone Funds Tap Ex-Simpson Thacher Atty As Counsel
The Blackstone Private Credit Fund and Blackstone Secured Lending Fund said their boards have tapped the senior vice president in legal and compliance at Blackstone Credit & Insurance, who had been hired from Simpson Thacher & Bartlett LLP in 2021, to become chief securities counsel, according to Wednesday securities filings.
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Southwest Airlines Replacing Outgoing CLO With Split Roles
Southwest Airlines' chief legal officer is resigning after more than a decade as its top attorney, with the company splitting his responsibilities into two roles — general counsel and chief regulatory and corporate affairs officer — following his departure.
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Best Buy's GC Pulled In More Than $3M In Compensation
The top lawyer at Best Buy saw a compensation package that reached more than $3.1 million during the company's most recent fiscal year, up from the $2.5 million he previously saw, according to a recent securities filing.
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Ex-Quinnipiac Univ. GC Takes Conn. Girl Scouts CEO Role
A veteran in-house attorney who most recently served as general counsel and vice president of human resources at Quinnipiac University has joined the Girl Scouts of Connecticut as its new leader.
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Microsoft Details How It Addresses AI Risks In New Report
Microsoft Corp., the leading investor in ChatGPT creator OpenAI, detailed Wednesday in its first-ever artificial intelligence transparency report how the tech giant is working to keep its ballooning stable of AI tools from causing harm in the U.S. and abroad.
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How College GCs Are Dealing With Drama Of Protests
New York City police descended on the Columbia University campus late Tuesday to arrest encamped protesters of the Israel-Gaza war, as general counsel for at least 20 universities across the nation grapple with how best to keep students safe while protecting everyone's free-speech rights.
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CLO, Execs Ousted From Orthopedics Co. Seek Arbitration
Three executives, including a chief legal officer whose alleged "repeated inappropriate and offensive conduct" led to his firing by spine and orthopedics company Orthofix Medical Inc. last year, have launched wrongful termination arbitration claims in California seeking severance payments and damages.
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Man United Plays CEO Musical Chairs With Rival's Exec Hire
English Premier League giant Manchester United announced that chief executive officer and former chief legal officer Patrick Stewart, along with chief financial officer Cliff Baty will leave the soccer club at the end of the season.
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Match Group's Ex-Legal Chief Earned $7M In 2023
Online dating giant Match Group's former chief business affairs and legal officer, Jared Sine, who left the company to join GoDaddy in March, earned around $7 million in compensation last year, according to a recent U.S. Securities and Exchange Commission filing.
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Toyota's New Leadership Structure Adds Duties For Execs
Toyota Motor North America has announced executive leadership changes, including adding duties for an ex-Morgan Lewis & Bockius LLP attorney who has been with the company for more than a decade.
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The Top In-House Hires Of April
Legal department hires during the past few weeks included high-profile appointments at Sony Pictures, TikTok and IBM. Here, Law360 Pulse looks at some of the top in-house announcements from April.
Expert Analysis
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.